Timothy N J Antoine: Creative disruption and innovation - pathways for transformative change and sustainable growth

Remarks by Mr Timothy N J Antoine, Governor of the Eastern Caribbean Central Bank, at the 8th Annual Growth and Resilience Dialogue "Creative Disruption and Innovation - Pathways for Transformative Change and Sustainable Growth", Basseterre, 11 April 2024. 

The views expressed in this speech are those of the speaker and not the view of the BIS.

Introduction 

It is my distinct pleasure to welcome each of you to the 8th Annual Growth and Resilience Dialogue.

For those visiting the ECCB Campus for the very first time, we bid you a special welcome. For those who are returning after a hiatus, welcome back. This is your Bank; we work for you!

I am deeply appreciative of the ongoing partnership with the OECS Commission, The World Bank and The University of the West Indies on this Dialogue series.

Our theme: "Creative Disruption and Innovation: Pathways for Transformative Change and Sustainable Growth" is very aligned with our Central Bank's strategic focus on "Transforming the ECCU through Innovation and Collective Action" (Slide 2).

At the launch of the ECCB's 40th anniversary celebrations last year, I issued a challenge for a Big Push – to double the size of our economies over the next decade (Slide 3) – and asked what it would take to achieve this moonshot goal. Here is the thing about moonshot goals – they trigger our imagination and often lead to incredible innovations with lasting impact.